International
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InternationalLockheed Martin Completes First Two Romanian Radar Upgrades
Lockheed Martin [LMT] announces it has completed upgrading the signal processing and data processing capability on the first two of five AN/FPS-117 long-range, air surveillance radars for the Romanian Air […]
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ArmyTurkey’s Potential $500 Million First Main Battle Tank Project Under Way
Turkey’s first national main battle tank, The ALTAY Project, is under way under prime contractor Koc Group‘s Otokar. The estimated budget for design, prototype production, tests and qualification of the […]
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Business/FinancialDem VP Pick Biden Has History On Arms Control, Missile Defense, Foreign Sales
By Emelie Rutherford Vice presidential nominee Sen. Joe Biden (D-Del.) brings to the Democratic ticket a reputation on Capitol Hill for questioning foreign-military sales, advocating for arms control, and calling […]
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Air ForceSerco’s $423 Million Deal For SI International Boosts Federal Presence
By Calvin Biesecker Serco Group said yesterday that its United States-based division Serco Inc., has agreed to acquire federal services provider SI International [SINT] for $423 million in cash in […]
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Business/Financial
Lockheed Martin Acquires Tenix’ Interest In RLM Holdings
Lockheed Martin [LMT] yesterday said that it has completed its acquisition of Tenix Group’s interest in RLM Holdings Pty Ltd, which had been a joint venture between Lockheed Martin and […]
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Business/Financial
Security Firm O’Gara Group Plans $150 Million IPO
By Calvin Biesecker The O’Gara Group, a security firm specializing in night vision equipment, training services, and armored vehicles for civil markets, last Friday filed plans with the Securities and […]
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Air Force
Hellfire II Missile Production Extended Under $357 Million Army Contract
By Ann Roosevelt Lockheed Martin [LMT], under HELLFIRE Services Limited Liability Company (HSLLC), will produce additional combat-proven Hellfirer II precision- strike, laser-guided air-to-ground missiles for U.S. and international armed forces […]
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Business/Financial
Australia Aims To Involve More Companies In Defense Work
Australia’s Parliamentary Secretary for Defence Procurement Greg Combet met with the executives of the Northern Territory Australian Industry and Defence Network (AIDN) in Darwin Aug. 24 to discuss the potential […]
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CongressPoland, United States, Sign European Missile Defense Agreement To Erect Shield
Rep. Franks Says Deal Resolves Concerns Of Congress; It Is Time To Fund European Defense Secretary of State Condoleezza Rice and Polish Foreign Minister Radek Sikorski signed a deal for […]
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Homeland Security
Russian Invasion Of Georgia Proves U.S. Need For Directed-Energy Weapons Against Missile, Air Threats
The United States needs to field laser weapons, including solid-state assets, now, not later, a new report states. Proof of the urgent need for directed-energy defenses have been provided by […]